BENCHMARK ELECTRONICS INC — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2023-02-22

Reporting Person: Buseman Michael D. (EVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	M	11012	$0.00	Acquired	70638	Direct
2023-02-22	Common Stock	M	11484	$0.00	Acquired	82122	Direct
2023-02-22	Common Stock	F	5929	$24.25	Disposed	76193	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	11012	Disposed		Common Stock (11012)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	D	3016	Disposed		Common Stock (3016)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	A	4595	Acquired		Common Stock (4595)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	11484	Disposed		Common Stock (11484)	Direct

Footnotes

F1: Based on the Company performance during the three-year performance period ending December 31, 2022, approximately 78.5% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F2: Based on the Company performance during the two-year performance period ending December 31, 2022, approximately 166.7% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F3: These shares are being withheld to cover taxes related to the vesting of restricted stock units.